TAX BREAKS
Nebius beats quarterly revenue estimates on strong AI demand
In the latest quarterly report, Nebius achieved impressive revenue of $981 million, exceeding analyst projections of $907.5 million. The company is optimistic about future sales, forecasting between $12 billion and $13 billion by 2027. However, its revenue predictions for 2026 are slightly lower than the market's expectations. With customers opting for longer agreements at elevated prices, prepayments have significantly surpassed capital investments.
India's 'achievable' FY27 direct tax target faces a make-or-break second half
India's budgeted direct tax collection target for this fiscal year is Rs 26.97 lakh crore. Current collections are at approximately 53 percent of this target as of November 10. Experts flag the need for a rise in corporate tax and advance tax collections in upcoming months. Non-corporate tax collections have shown slower growth compared to corporate tax collections during the same period.
Sell fast, buy faster! FIIs broke every selling record in 2026. Now their buying is breaking records
Foreign institutional investors (FIIs) have staged a sharp turnaround, buying a record Rs 73,261 crore worth of Indian equities in November so far, surpassing the previous monthly high of Rs 66,135 crore set in December 2023. This follows record selling of Rs 2.95 lakh crore in the first 10 months of 2026. The renewed buying has helped drive the Sensex and Nifty up around 10% this month, with the Sensex reclaiming its pre-Middle East war levels.
Joint accounts, tax savings, wills: How couples can protect their wealth
Finances are a cornerstone of marriage, shaping both relationships and futures. At the ET Wealth Expo 2026, specialists emphasized the necessity of balanced fiscal strategies in partnerships, the dangers of income tax clubbing, and the importance of wills.
Horoscope Today, November 11, 2026: Aries Must Watch Their Reactions, Taurus Faces a Reality Check and Gemini Gets a Second Chance
Today, Wednesday, the Moon transits through its debilitated sign of Scorpio, moving from the Anuradha to Jyeshtha Nakshatra. This position heightens emotions and reveals hidden concerns. With Mercury retrograde in Libra, Mars finishing its transit in Cancer, Jupiter and Ketu in Leo, and Saturn retrograde in Pisces, the planetary energy urges careful review over swift action. Aries experiences an 8th house focus on shared resources and deep research; Taurus sees a 7th house focus on business partnerships and client terms; and Gemini faces a 6th house focus on daily work routines and task corrections.
A blue brake on Trump's red agenda: Tariffs, spending and debt face a 'Democratic' reckoning in the US
Democratic control of Congress from January 2027 could constrain President Donald Trump's legislative agenda, increase scrutiny of his tariff policies and complicate fiscal decisions, Fitch's BMI said. While Trump retains executive powers over trade and immigration, prolonged funding negotiations and a potential debt-limit confrontation could raise financial market volatility.
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Horoscope Today, November 10, 2026: Aries May Need to Rethink a Personal Decision, Taurus Faces Relationship Questions and Gemini Gets a Chance to Move Forward
Today, the Moon moves into intense Scorpio. This shifts focus toward behind-the-scenes research, business partnerships, and daily work discipline. Aries faces a 8th house transit, requiring careful handling of shared money and data; Taurus sees a 7th house transit, highlighting client partnerships and clear contracts; and Gemini experiences a 6th house transit, sharpening competitive efficiency and task completion. Avoid speculative risks, review shared accounts, and keep all communications transparent.
Abdul El-Sayed calls Donald Trump an ‘unserious fool.’ So why is he offering to work with the President?
Michigan Sen-elect Abdul El-Sayed says he would work with Donald Trump on policies that help Americans. The Democrat said that he could even back universal health coverage with Trump’s name on it.
Planning a wedding? Hidden costs that can derail your budget and drain your savings
Vendor fine print, last-minute guests and family pressure can push your wedding bill way above the initial budget. Here’s how to spot the hidden costs before they hit you. You could also maintain a dedicated savings account or have one person oversee expenses to track payments for every function and ceremony, especially if various family members are doing the spending.
Horoscope Today, November 9, 2026: Libra Moon Brings Relationship Clarity, Financial Reviews and Career Decisions
Today's horoscopes underscore the significance of partnerships at work, advising all signs to approach collaborative endeavors with care. Financial aspects urge individuals to navigate shared expenses with caution, particularly focusing on long-term obligations. Effective communication emerges as a crucial theme for all relationships. Additionally, maintaining a healthy routine is essential, encouraging a balanced approach to both work and personal life, steering clear of unnecessary stress.
Tata Steel shares jump 3% after Q2 profit rises 16% YoY. Should you buy, sell or hold?
Tata Steel shares surged over 3% during Muhurat Trading after Q2 FY27 net profit rose 16% year-on-year to nearly ₹3,700 crore. Revenue increased 11.5%, while brokerages maintained Buy ratings, citing improving margins and stronger second-half performance prospects.
US employers added a surprising 165,000 jobs in October; unemployment rate dipped to 4.1%
US employers added 165,000 jobs last month, surpassing economists' expectations and bringing the unemployment rate down to 4.1%. The Labor Department also revised previous months' job figures upwards, indicating stronger hiring trends.
Powerball jackpot resets to $20 million for November 7 drawing after lucky New Jersey ticket wins massive $847 million top prize
The Powerball jackpot has been reset to $20 million for the next drawing on November 7. A record-breaking $847 million was won on Wednesday night by a ticket holder in New Jersey. The winning ticket matched all six numbers in a series of 35 consecutive draws without a winner. The jackpot has rapidly increased due to previous draws without winners.
Elon Musk gambled $445 million to boost Republicans in midterms and came up short
Nobody may have suffered bigger losses Tuesday than President Donald Trump. But few others had more on the line than Musk, who gambled big and came up holding the midterm's worst return on investment. Democrats in Congress were already queuing to get their shot at Musk, with possible subpoenas and investigations.
Elon Musk gambled $445 million to boost Republicans in midterms and came up short
Elon Musk's hefty USD 445 million investment in Republican candidates did not yield the desired electoral success, as Republicans faced significant losses, ceding control of Congress. This setback has prompted Democrats to contemplate investigating Musk's business operations. Critics have denounced his financial influence in politics, highlighting the risks of affluent individuals shaping policy. Anticipated changes in Texas's Democratic leadership suggest intensified scrutiny of Musk's ties to the state.
Speaker Johnson won't seek reelection as House Republican leader after party's midterm wipeout
US House Speaker Mike Johnson is stepping aside from Republican Party leadership after the party's defeat in the midterm elections, declining to seek support for the minority leader's post in the new Congress. His decision sets up a contest between Steve Scalise and Jim Jordan, while Democrats prepare to nominate Hakeem Jeffries as speaker.
Elon Musk's business empire braces for Democratic wave as Texas flips blue
Elon Musk's nearly $500 million campaign to support Republicans failed as Democrats reclaimed both chambers of Congress and flipped Texas' governorship. The results could expose his businesses, including SpaceX and Tesla, to greater congressional scrutiny, tighter data-centre regulations and potential hurdles for expansion plans under incoming Texas Governor Gina Hinojosa.
Rs 40,000 crore in 13 days! Is the great FII reversal finally here to save Nifty bulls?
Foreign institutional investors have pumped nearly Rs 40,000 crore into Indian equities in 13 trading sessions, raising hopes of a sustained reversal after months of heavy selling. Falling crude oil prices, improving corporate earnings, attractive valuations, a weaker dollar and expectations of an LTCG tax cut are driving the renewed optimism.
Nykaa shares in focus as Nomura, Jefferies hike target prices after strong Q2 earnings. Should you buy despite valuation concerns?
Nykaa reported a 207% year-on-year surge in Q2 FY27 net profit to Rs 101 crore, driven by 28% revenue growth and improved margins. Strong performance prompted Nomura and Jefferies to raise target prices while retaining Buy ratings. Motilal Oswal maintained Neutral, citing expensive valuations despite robust growth prospects.
Tesla stock price today: Why TSLA falls as Democrats’ midterm election win puts Elon Musk’s AI data center plans at risk
Tesla stock (TSLA) fell as Democrats’ midterm victories raised concerns about AI data center expansion, particularly in Texas. Analyst Dan Ives warned that political hurdles could slow planned projects, while Elon Musk floated the idea of space-based data centers as investors weighed the outlook for his AI ambitions.
US Midterm Elections 2026: Democrats usher in a new era with their resounding sweep of the House and the Senate
In a nationwide romp, Democrats ousted Republicans from coast to coast, with many surprising places in between, as voters rejected the president's party for the promise of something different for the country. Their majorities will be padded by wide margins in both the House and the Senate.
Pull it, not just for better FPIs: Scrap FPI capital gains tax to boost inflows, strengthen rupee and cut fiscal deficit
Scrapping the long-term capital gains tax could significantly enhance foreign portfolio investment in India. This move would likely lead to a stronger rupee and reduced fiscal deficit for the government. Historical data suggests that foreign capital flows have a direct correlation with the value of the rupee. The elimination of this tax could also support higher valuations and better disinvestment proceeds.
US midterms 2026: Voters back abortion rights and reject Trump's redistricting in state ballot measures
During the recent midterm elections, abortion-rights supporters marked significant achievements in both Missouri and Virginia, highlighting shifts in voter attitudes. Concurrently, President Donald Trump's redistricting strategies faced backlash in several states. In Florida, an amendment was adopted that offers critical property tax relief to homeowners. Meanwhile, Nebraska solidified transgender medical limitations in its constitution, demonstrating active citizen participation in legislative decisions.
US midterms 2026: What motivated voters? Poll points to economy, democracy, Trump backlash
Voter decisions in the 2026 US midterm elections were heavily shaped by economic issues and concerns about democracy. A significant proportion of voters expressed disapproval of President Trump, despite his absence from the ballot. Young and Hispanic voters increasingly supported Democratic candidates compared to the previous election. Many voters wanted Congress to exert more oversight on presidential power.
Washington's next chapter: A democratic socialist mayor and a looming Trump showdown
Janeese Lewis George won the recent mayoral election and will take office on January 2. She will face significant challenges, including local governance issues and financial difficulties. After a period of job losses, the city anticipates potential revenue drops, prompting tax consideration discussions. Lewis George emphasizes addressing the city's affordability crisis amid Trump's ongoing influence. She has a unique opportunity to reshape policies within the city's limited autonomy.
After struggling with sleep, Amitabh Bachchan reveals how his unusual new technique finally worked
Amitabh Bachchan has opened up about his recent struggles with sleep, revealing that several techniques he tried to overcome his sleepless nights failed to work. In his latest blog, the 84-year-old actor also discussed his irregular gym routine, how his demanding work schedule is affecting his physical and mental energy, and his determination to get back to regular exercise.
FPIs pour Rs 21,715 crore into Indian stocks in 10 days; is record sell-off finally reversing?
Foreign portfolio investors infused $2.29 billion into Indian equities over 10 days, signalling improving sentiment. Strong corporate earnings, attractive valuations and potential LTCG tax relief could revive foreign inflows, while crude oil prices remain a key risk.
Record-breaking FII selling may have peaked, says Nomura. Why the Nifty target could rise
FIIs may be nearing the end of their record selling spree in Indian equities as outflows ease, earnings beat expectations and valuations fall below post-pandemic averages, according to Nomura. Foreign investors sold around $8.8 billion since September 15, although the pace has moderated. Meanwhile, companies in Nomura’s BSE 200+ universe reported 34% year-on-year profit growth, beating consensus estimates by 18%.
Why is your Social Security taxed, and how much can you save? 5 ways to cut the bill and keep more retirement income
Many American retirees pay federal taxes on their Social Security benefits, even after spending decades contributing to the system. For people living on a fixed income, these taxes can leave less money for everyday expenses. The good news is that retirement planning can also help reduce the amount owed. Here are five ways to manage your income and potentially lower the federal taxes on your Social Security benefits.
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